Paramount Communications Limited — Others, 19-08-2025: Shareholders meeting

Paramount Communications held an EGM to consider four key proposals. Shareholders approved plans to raise funds via eligible securities and also ratified the appointment of two Non-Executive Independent Directors, Mr. Sanjay Kumar Srivastava and Mrs. Anjali Verma. However, a significant proposal to issue warrants convertible into equity shares to a promoter group entity on a preferential basis did not pass. This outcome indicates shareholder sentiment regarding dilutive issuance to the promoter group.